The Ibex-35 index opened down with care in the Deutsche Bank – Investing.com Spain

MADRID (Reuters) – The opening day of the Monday to the low in line with other european places by the concern about the situation of Deutsche Bank (:), while investors are still waiting for the next movements of the us Federal Reserve.

Despite the closure, holiday of the German stock markets remained the largest financial institution of the germans, who will try to reach an agreement with the authorities to demand a fine of up to 14,000 millions of dollars for irregularities in sales of assets backed by mortgages.

In the market of debt the bond benchmark Spanish 10-year fell to a yield of 0.873 to percent, the historical minimum, to increase the chances to avoid a third election in a year in Spain. For its part, the Spanish risk premium – as measured by the differential between the performance of the debt, Spanish 10-year versus the German equivalent – fell a point, to just under 100 basis points.

Saturday, Pedro Sanchez, the leader of the Spanish socialist, was forced to resign in the midst of a deep division of his party, in a move that could clear the way for an eventual government of the Popular Party.

Another focus of attention for the markets this week will be the employment report Friday in the U.S., whose forecast pointed 170,000 new jobs in the non-agricultural sector compared to 151,000 in the previous month.

In the first session of October and the last quarter of the year, the Ibex-35 yielded 0.13 per cent to 8.768 points, while the index of the pan-european down 0.08 percent.

Among the losers in initial stressed Acerinox (MK:), with a cut of 2.6 percent after UBS (SIX:) rebajara its recommendation to “sell” from “neutral”.

Among the heavyweights of the Ibex, the initial performance was mostly bullish, with gains of the order of 0.3 per cent in Santander (MC:), BBVA (MC:) and Telefonica (MC:).

Repsol (MC:) won a 0.75 percent and Aena (MC:) advanced 0.5 percent to improve Barclays (LON:) its target price to 150 euros from 135 euros, while that Inditex (MK:) lost 0.3 percent.

Outside the Ibex, Almirall (MC:) rose 1.3 percent after it reported progress in clinical trials with their compound against psoriasis.

NH (MC:) won a 2.15% after improving by Fitch of its rating by one notch to “B”.

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